1821 Mills Ave Cincinnati, OH 45212
Estimated payment $2,421/month
About This Home
Investor opportunity in the heart of Norwood! This solid 4-unit building features four spacious 2-bedroom, 1-bath apartments, each with its own private exterior entrance, furnace, hot water tank, washer and dryer hookup, and separate gas and electric meters. Three units are currently occupied and generating steady income at $1,025, $1,025, and $970 per month. The fourth unit is vacant and ready for renovations, offering excellent value-add potential for increased rents. Each unit features durable LVP flooring and low-maintenance finishes. There are no shared common areas, keeping owner expenses minimal. Water, sewer, and trash are billed together through Norwood Public Service, totaling $2,110 over the past 12 months. With low utilities, stable tenants, and strong rental demand in a desirable location near major employers, highways, and amenities, this property is a great investment opportunity for those looking to grow their portfolio in a high-demand Cincinnati market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,554
Year Built
- Built in 1965
Lot Details
- 5,619 Sq Ft Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 3,192 Sq Ft Home
- 2-Story Property
- Vinyl Clad Windows
Parking
- 4 Open Parking Spaces
- Parking Lot
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Separate Meters
Community Details
- No Home Owners Association
- Water Sewer Expense $2,110
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/17/2025 10/17/25 | Pending | -- | -- | -- | |
| 10/16/2025 10/16/25 | For Sale | $339,000 | +7.6% | $106 / Sq Ft | |
| 11/13/2022 11/13/22 | Off Market | $315,000 | -- | -- | |
| 08/12/2022 08/12/22 | Sold | $315,000 | -3.1% | $99 / Sq Ft | View Prior Sale |
| 07/09/2022 07/09/22 | Pending | -- | -- | -- | |
| 06/29/2022 06/29/22 | Price Changed | $325,000 | 0.0% | $102 / Sq Ft | |
| 06/29/2022 06/29/22 | For Sale | $325,000 | -7.1% | $102 / Sq Ft | |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- | |
| 06/08/2022 06/08/22 | For Sale | $350,000 | +107.1% | $110 / Sq Ft | |
| 06/15/2017 06/15/17 | Off Market | $169,000 | -- | -- | |
| 03/14/2017 03/14/17 | Sold | $169,000 | -6.1% | $30 / Sq Ft | View Prior Sale |
| 01/26/2017 01/26/17 | Pending | -- | -- | -- | |
| 01/21/2017 01/21/17 | For Sale | $180,000 | 0.0% | $32 / Sq Ft | |
| 01/18/2017 01/18/17 | Pending | -- | -- | -- | |
| 01/13/2017 01/13/17 | For Sale | $180,000 | +215.8% | $32 / Sq Ft | |
| 04/02/2014 04/02/14 | Off Market | $57,000 | -- | -- | |
| 12/13/2013 12/13/13 | Sold | $57,000 | -23.9% | $18 / Sq Ft | View Prior Sale |
| 10/21/2013 10/21/13 | Pending | -- | -- | -- | |
| 08/09/2013 08/09/13 | For Sale | $74,900 | -- | $23 / Sq Ft |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1858114
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